CAclubindia News


Budget 2026-27 Expectations: Direct Tax Relief and GST 2.0 Implementation

   23 January 2026 at 07:11

Ahead of Budget FY 2026-27, experts expect focus on tax simplification, higher disposable income and smoother GST 2.0 implementation rather than big giveaways.

Posted in Union Budget & Policy |   1686 Views


Delhi High Court Orders Pragmatic Approach in Nil TDS Cases for Overseas Companies

   23 January 2026 at 07:11

Delhi High Court asks tax authorities to shun revenue-first mindset and adopt a justice-oriented approach while granting Section 197 nil or lower TDS certificates.

Posted in Income Tax |   1143 Views


Cabinet Approves Rs 5000 Crore Equity Infusion into SIDBI to Boost MSME Credit Flow

   22 January 2026 at 09:00

The Union Cabinet has approved Rs 5000 crore equity support to SIDBI to enhance credit flow to MSMEs. The move is expected to add 25.74 lakh new MSME beneficiaries and strengthen SIDBI's capital adequacy.

Posted in Corporate Law |   240 Views


Income Tax Officers Call Targets 'Unrealistic', Seek Urgent Meeting with CBDT

   22 January 2026 at 07:06

Income Tax officers have flagged unrealistic targets, staff shortages and infrastructure gaps, seeking an urgent meeting with the CBDT amid refund delays and rising complaints.

Posted in Income Tax |   2199 Views


Delhi Police EOW Probes Rs 374 Crore GST Fraud Linked to Identity Theft

   22 January 2026 at 07:06

Delhi Police EOW is probing Rs 374 crore GST fraud after identity documents were misused to create fake firms and show bogus transactions without victims' knowledge.

Posted in GST |   1044 Views


Ahmedabad Customs Inspector Arrested for Crores-Worth IGST Export Fraud

   22 January 2026 at 07:06

A Customs inspector in Ahmedabad has been arrested by the Directorate of Revenue Intelligence for allegedly facilitating a crores-worth IGST and cess refund fraud using fake energy drink exports and fictitious firms.

Posted in GST |   393 Views


ICAI Announces Mock Test Paper Series I & II for CA Intermediate May 2026 Exams

   21 January 2026 at 09:03

ICAI announces Mock Test Paper Series I & II for CA Intermediate May 2026 exams. Check dates, subject-wise schedule, physical & virtual mode details, and answer key updates.

Posted in Students |   819 Views


Major Relief for NDTV Founders as Delhi HC Quashes IT Reassessment Notices

   21 January 2026 at 06:04

Delhi High Court sets aside income tax reassessment notices against NDTV founders Prannoy Roy and Radhika Roy, imposes Rs 2 lakh costs on IT Department.

Posted in Income Tax |   1053 Views


CBDT Highlights Middle-Class Tax Relief Under New Income Tax Regime

   21 January 2026 at 06:04

CBDT confirms zero income tax up to Rs 12.75 lakh for salaried taxpayers under the new tax regime, with rationalised slabs and marginal relief.

Posted in Income Tax |   2361 Views


CBIC Reports NIL Legislative Business for Budget Session 2026

   21 January 2026 at 06:04

CBIC has informed the Ministry of Parliamentary Affairs that no GST, Customs or indirect tax-related Bills or reports are scheduled for the Budget Session 2026...

Posted in Union Budget & Policy |   1092 Views



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